- For Sale $5,499,000
- Property Type Other
- Property Size 1,320 SF
- Units 2
- Lot Size 0.04 Acre
- Cap Rate % 0.07
- Rental Income / YR $400,000.00
- NOI / YR $380,000.00
- Taxes / YR $70,900.00
- Property Tenancy Owner Occupied
- Year Built 1846
- Date Updated Oct 28, 2026
Description
Rare mixed-use investment opportunity in the heart of Cobble Hill. Located on Atlantic Avenue between Court Street and Boerum Place, this 4-story building sits within the Cobble Hill Historic District, offering a blend of residential and commercial potential in one of Brooklyn s most established and architecturally protected neighborhoods. The property consists of 3 residential units and 1 commercial space, totaling approximately 4,708 SF on a 22 x 80 lot. Zoned R6 / C2-3, the building benefits from strong neighborhood demographics, steady foot traffic, and long-term stability in a tightly held market. Unbeatable location within a short distance to Trader Joe s, Barnes & Noble, and Brooklyn Bridge Park, as well as boutique retail, acclaimed dining, and neighborhood amenities throughout Cobble Hill and Brooklyn Heights. Residents enjoy a short commute to Manhattan via multiple nearby subway lines and transit options. Well-maintained and positioned for stable income with long-term upside, this asset presents an excellent opportunity for investors, end-users, or boutique redevelopment strategies subject to Landmarks Preservation Commission (LPC) approvals.
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Contacts
Mari Mineh
GW Realty Inc.
Location
Located at 174 Atlantic, Brooklyn, NY 11201, this property is part of the Cobble Hill neighborhood and Brooklyn market.
Contact Listing Broker
Mari Mineh
GW Realty Inc.